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Assume that in 2008 the quarterly demands were 10,30,20,and 40.This gives a yearly demand of 100 units.Further,assume that in 2009 the annual demand is expected to increase to 120 units.Then,the first quarter (1ˢᵗ Q) forecast adjustments would be
Efficiency
The ratio of the useful output of a system to its input, often used to measure the performance and productivity of a process or system.
Clean Sheet
An approach in design or planning that starts from scratch, without considering prior work or constraints, often referred to as starting with a 'blank slate'.
BPR
Business Process Re-engineering, a strategy for making an organization's business processes more efficient and effective.
Manufacturing
The process of using tools, machinery, and labor to produce goods for sale, typically on a large scale.
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